Plan Snapshot
- Plan Sponsor: Macon Resources INC
- Sponsor EIN: 371224992
- Sponsor Address: PO BOX 2760, DECATUR, IL, 62524
- Plan Type: DC
- Total Participants: 199
- Total Assets: $4.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 199 | $4.5M | $223,410 | $253,278 |
| 2023 | 207 | $4.0M | $218,810 | $267,550 |
| 2022 | 172 | $4.3M | $221,886 | $267,047 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | RECORDKEEPER | $26,339 | — | $26,339 |
| INVESTMENT PLANNERS INC | BROKER/ADVISOR | — | $14,793 | $14,793 |
| FUTUREPLAN BY ASCENSUS-BPC | CONTRACT ADMIN | $13,828 | — | $13,828 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FUTUREPLAN BY ASCENSUS-BPC — CONTRACT ADMIN
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,960
- Estimated Expense Ratio: 1.215% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $40,639 | — | $40,639 | — | — |
| 2023 | $28,849 | — | $28,849 | — | — |
| 2022 | $30,375 | $20,644 | $9,731 | — | — |